Norsk Hydro to Drill Exploration Well 25/11-24 S with Transocean Winner

Norsk Hydro Produksjon a.s has received consent to carry out exploration drilling using the semisub Transocean Winner. The rig will drill exploration well 25/11-24 S (Midway) southwest of Grane. The drilling activity is expected to start in the end of January 2007, after completion of the drilling of exploration well 6507/11-7. If the well is dry, the estimated duration of the activity is 49 days.

No decision has been made regarding production testing of a potential discovery. The well will be permanently plugged and abandoned.

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